SGI Head Office in downtown Regina, Saskatchewan, Canada

Created in 1945, Saskatchewan Government Insurance (SGI) is a provincial Crown corporation that has evolved over the years into two distinct operations. Image File history File links Size of this preview: 400 × 600 pixel Image in higher resolution (600 × 900 pixel, file size: 150 KB, MIME type: image/jpeg) Photo of Saskatchewan Government Insurance (SGI) head office in Regina, Saskatchewan, Canada. ... Image File history File links Size of this preview: 400 × 600 pixel Image in higher resolution (600 × 900 pixel, file size: 150 KB, MIME type: image/jpeg) Photo of Saskatchewan Government Insurance (SGI) head office in Regina, Saskatchewan, Canada. ... In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ...

The Saskatchewan Auto Fund is the province’s compulsory auto insurance program, operating the driver’s licensing and vehicle registration system. The Auto Fund is financially self-sustaining, operating on a break-even basis over time. It does not receive money from, nor pay dividends to, the government.

SGI CANADA is fully competitive, selling property and casualty insurance products such as home, farm, business and extension auto in seven Canadian provinces. It operates as SGI CANADA in Saskatchewan, SGI CANADA Insurance Services Ltd. in Manitoba and Alberta, the Coachman Insurance Company in Ontario and as a major partner in the Insurance Company of Prince Edward Island in Nova Scotia, New Brunswick and Prince Edward Island. Motto: Multis E Gentibus Vires (Latin: From many peoples strength) Capital Regina Largest city Saskatoon Official languages English Government - Lieutenant-Governor Gordon Barnhart - Premier Lorne Calvert (NDP) Federal representation in Canadian Parliament - House seats 14 - Senate seats 6 Confederation September 1, 1905 (Split from NWT) (9th (province)) Area Ranked 7th... Motto: Gloriosus et Liber (Latin: Glorious and free) Capital Winnipeg Largest city Winnipeg Official languages English and French, per mandate of the Constitution Act 1982 Government - Lieutenant-Governor John Harvard - Premier Gary Doer (NDP) Federal representation in Canadian Parliament - House seats 14 - Senate seats 6 Confederation July 15, 1870 (5th... Motto: Fortis et liber (Latin: Strong and free) Official languages English (see below) Flower   Wild rose Tree Lodgepole Pine Bird Great Horned Owl Capital Edmonton Largest city Calgary Lieutenant-Governor Norman Kwong Premier Ed Stelmach (PC) Parliamentary representation  - House seats  - Senate seats 28 6 Area Total  - Land  - Water  (% of total... Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Official languages English (de facto) Capital Toronto Largest city Toronto Lieutenant-Governor James K. Bartleman Premier Dalton McGuinty (Liberal) Parliamentary representation  - House seats  - Senate seats 106 24 Area Total  - Land  - Water  (% of total)  Ranked 4th 1,076... Motto: Munit Haec et Altera Vincit (Latin: One defends and the other conquers) Official languages English, French (Canadian Gaelic) [] Capital Halifax Largest city Halifax Regional Municipality Lieutenant-Governor Mayann E. Francis Premier Rodney MacDonald (PC) Parliamentary representation  - House seats  - Senate seats 11 10 Area Total  - Land  - Water  (% of total)  Ranked... Motto: Spem reduxit (Hope restored) Capital Fredericton Largest city Saint John Official languages English, French (the only constitutionally bilingual province in the country) Government - Lieutenant-Governor Herménégilde Chiasson - Premier Shawn Graham (Liberal) Federal representation in Canadian Parliament - House seats 10 - Senate seats 10 Confederation July 1, 1867 (1st... This article or section does not adequately cite its references or sources. ...

History

When SGI was created in 1945, high insurance costs were one of the serious problems plaguing the people of Saskatchewan. Also, at least 90 per cent of the insurance in the province was written by companies established in Eastern Canada.

The provincial government saw a publicly-owned insurance company as a means to solving those problems.

Working out of the Saskatchewan Legislative Building, Michael Allore, SGI’s first president, sold the first policy – Fire Policy Number 1 – to Minister O.W. Valleau on May 1st, 1945 and appointed the first broker, Oscar Sawby of Maple Creek, on May 17th. The Saskatchewan Legislature, with Regina in the background The Saskatchewan Legislative Building is located in Regina, Saskatchewan, and serves as the seat of the Legislative Assembly of Saskatchewan. ... Wikipedia does not have an article with this exact name. ...

By the end of 1945, SGI had 60 employees with numerous agents across the province. This growth has continued over the past 60-plus years.

Corporate governance

SGI and SGI CANADA are governed by The Saskatchewan Government Insurance Act, 1980, and The Automobile Accident Insurance Act, and are subject to the provisions of The Crown Corporations Act, 1993, which gives the Crown Investments Corporation of Saskatchewan (CIC), the holding company for Saskatchewan’s commercial Crown corporations, the broad authority to set the direction of the Corporation.

Where required by legislation or policy directive, SGI submits performance management and investment decisions for review and approval by CIC and the provincial cabinet. Through its Chair, who is an outside director, the SGI Board of Directors is accountable to the Minister Responsible for SGI. The Minister functions as a link between the Corporation and CIC and cabinet, as well as the provincial legislature.

Board of Directors

SGI’s Board of Directors is responsible for setting direction, monitoring and reporting achievement, and analyzing, evaluating and taking corrective action for the corporation. The Board is responsible for the stewardship of the corporation in general terms. In meeting this responsibility, the Board works with management to develop and approve the corporation’s strategic plan, operating goals, annual budget and business plans. It participates in identifying business risk and overseeing the implementation of appropriate systems to achieve a balance between the risks incurred and potential returns.

SGI’s Board of Directors is appointed by the Lieutenant Governor in Council. The Board consists of ten external directors and one director appointed as representative of the Canadian Office and Professional Employee's (COPE) union. Both the Chair and Vice-Chair of the Board are external directors. In Canada, the lieutenant-governor (often without a hyphen[1], pronounced ), in French lieutenant-gouverneur/lieutenant-gouverneure (always with a hyphen), is the Canadian Monarchs, or Crown, representative in a province, much as the Governor General is her representative at the national level. ...

Structure and functions

SGI employs approximately 1,700 people and works with a network of almost 300 independent insurance brokers and about 450 motor licence issuers in Saskatchewan, as well as numerous brokers in Alberta, Manitoba, Ontario, Prince Edward Island, New Brunswick and Nova Scotia.

SGI's head office is in downtown Regina, Saskatchewan. The corporation also operates 20 claims centres in 13 Saskatchewan communities and has a branch office in Winnipeg. Nickname: The Queen City Motto: Floreat Regina (Let Regina Flourish) Location of Regina in the SE quadrant of Saskatchewan Coordinates: Country Canada Province Saskatchewan District Assiniboia Established 1882 Government  - City Mayor Pat Fiacco  - Governing body Regina City Council  - MPs Dave Batters Ralph Goodale Tom Lukiwski Andrew Scheer  - MLAs Joanne Crofford... Motto: Multis E Gentibus Vires (Latin: From many peoples strength) Capital Regina Largest city Saskatoon Official languages English Government - Lieutenant-Governor Gordon Barnhart - Premier Lorne Calvert (NDP) Federal representation in Canadian Parliament - House seats 14 - Senate seats 6 Confederation September 1, 1905 (Split from NWT) (9th (province)) Area Ranked 7th... Nickname: The Peg City, Slurpee Capital, Winterpeg Motto: Unum Cum Virtute Multorum (One With the Strength of Many) Coordinates: Country Canada Province Manitoba Region Winnipeg Capital Region Established, 1738 (Fort Rouge) Renamed 1822 (Fort Garry) Incorporated 1873 (City of Winnipeg) Government  - City Mayor Sam Katz  - Governing Body Winnipeg City Council...

In addition, SGI operates five Salvage branch offices across Saskatchewan that recycle and sell used vehicles, auto parts and general items.

External links

• Saskatchewan Government Insurance
• SGI CANADA
• Insurance Company of Prince Edward Island
• Coachman Insurance Company
• COPE Local 397
• Crown Investments Corporation of Saskatchewan (CIC)